Money Market

Coronation Fixed Income and Exchange Rate Update

December 8, 2021/Coronation Research Summary Opening market liquidity was reported at N105.8bn on Friday (03 December ‘21). Overnight and repo rates closed within a range of 14.5-15.8%. Last week, the average NTB yield declined by -35bps w/w to close at 4.5%. This can be attributed to increased demand mainly from […]

Stanbic IBTC Emerges Most Outstanding Commercial Bank Brand in Nigeria

December 8, 2021/P+ Measurement Services Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, was named the “Most Outstanding Commercial Bank Brand in Nigeria” at the 2021 edition of the BrandCom Awards which was held recently. The awards, organised by Brand Communicator Magazine recognised brands, organisations and personalities. […]

Heritage Bank registers farmers in 14 states with LCFE for N41bn wheat disbursement project

December 6, 2021/Heritage Bank Plc Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum of N41billion to farmers from 14 states for the expansion of wheat production project. The Bank, however, will register the wheat farmers with the Lagos […]